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Question 8 Chapter 7 – Unimax Publications of Class 11
8. Enter the following transactions in a two cash book:
| 2023 | ||
| Jan.1 | Commenced business with cash | 50,000 |
| Jan.2 | Deposited into bank | 40,000 |
| Jan.3 | Received cash from Mohan ₹950 in full settlement of a debt of | 1,000 |
| Jan.4 | Bought goods for cash | 10,000 |
| Jan.4 | Bought goods by cheque | 15,000 |
| Jan.5 | Sold goods by cheque ₹20,000 and deposited into the bank the same day | |
| Jan.5 | Paid to Arun by cheque ₹1,900in full settlement of his account of ₹2,000 | |
| Jan.6 | Draw from bank office use ₹1,000 |
| Dr. | Cash Book | Cr. | |||||||
| Date | Particulars |
L. F. | cash | Bank | Date | Particulars |
L. F. | cash | Bank |
|---|---|---|---|---|---|---|---|---|---|
| 2023 | 2023 | ||||||||
| Jan.1 | To Capital A/c | 50,000 | Jan.2 | By bank A/c | 40,000 | ||||
| Jan.2 | To Cash A/c | 40,000 | Jan.4 | By purchases A/c | 10,000 | ||||
| Jan.3 | To Mohan’s A/c | 950 | Jan.4 | By Purchases A/c | 15,000 | ||||
| Jan.5 | To Sales A/c | 20,000 | Jan.5 | By Arun A/c | 1,900 | ||||
| Jan.6 | To Bank A/c | 1,000 | Jan.6 | By Cash A/c | 1,000 | ||||
| Jan.31 | By Input CGST A/c | 4,000 | |||||||
| Jan.7 | By Input CGST A/c | 240 | |||||||
| Jan.27 | By furniture A/c | 240 | |||||||
| Jan.27 | By Input CGST A/C | 15,000 | |||||||
| Jan.27 | By Input SGST A/c | 900 | |||||||
| Jan. 31 | By Salaries A/c | 5,000 | |||||||
| Jan.31 | By balance c/d | 1,950 | 42,100 | ||||||
| 51,950 | 60,000 | 51,950 | 60,000 | ||||||
| Feb.1 | To balance b/d | 1,950 | 42,100 | ||||||
Accounting & Commerce Educator
Sarbjit Singh holds a B.Com and M.Com degree and has over 12 years of teaching experience in double entry bookkeeping, financial accounting, and business studies.
This guide covers "Question 8 Chapter 7 – Unimax Publications of Class 11", focusing on key definitions, step-by-step concepts, applications, and revision guidelines relevant to Unimax Accountancy Class 11 - 2023.
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